Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Land Titles Act

154 Assignments of Contracts of Sale Assignment of contract

Current to 2025-01-31 · Official PDF

(1) Any contract in writing for the sale and purchase of any
land, mortgage or encumbrance is assignable notwithstanding
anything to the contrary contained in it, and any assignment of any
such contract operates according to its terms to transfer to the
assignee mentioned in it all the right, title and interest of the
assignor both at law and in equity, subject to the conditions and
stipulations contained in the assignment.
(2) Nothing in this section affects any rights at law or in equity of
the original vendor or owner of the land, mortgage or
encumbrance, until notice in writing of the assignment has been
either sent to the original vendor or owner by registered mail or
served on the original vendor or owner in the way process is
usually served, and the notice mentioned in section 134 is deemed
to be such notice.
RSA 1980 cL-5 s150
RSA 2000